[SMM News] It is reported that on June 3, 2025, the groundbreaking ceremony for the new project of Jinyuecheng Battery International Co., Ltd. to produce 6 million kVAh batteries annually in Selangor, Malaysia, was held. Jinyuecheng Battery International Co., Ltd. is the overseas wholly-owned subsidiary of Guangdong Jinyuecheng Storage Battery Co., Ltd. The project covers a total area of 150,000 m², and will build 12 intelligent production lines for storage batteries that meet international advanced standards, with an expected annual capacity of 6 million kVAh. The project is expected to be fully completed and put into operation by the end of 2026.